Monday, October 31, 2005

Michael Dell: trick or treat?

It's Halloween time again, and DELL announced that it spent 300 million dollars repair some desktop PCes. Assuming $150 per repair, that is two million PC repairs.

Considering that DELL/HELL has been always reluctant to repair PCes and tends to hide from their customers, this massive repair is mysterious.

Any way, I reiterate my assessment that DELL is the next Enron. Two bucks of assets simply can't support a stock of ..$38..no, now it's $31. (update 11/02/05, now $29)

2 Comments:

Blogger Sharikou, Ph. D said...

It's May 8, 2006 today. DELL is trading at $24.8 after hours after warning about revenue and profit fall. Incidentally, DELL's book value is only $1.7 right now.

7:46 PM, May 08, 2006  
Blogger cyber_rigger said...

Dell doesn't make Laptops/Notebooks.
Dell has to buy them.


http://www.powernotebooks.com/articles/index.php?action=fullnews&id=17

http://tuxmobil.org/laptop_oem.html

7:32 AM, May 13, 2006  

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